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Sprintcyclist Gold Member Offline OzPolitic Posts: 41027 Gender:	Greed is good Jul 11^th, 2014 at 8:18pm Greed is the incentive.
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greggerypeccary Gold Member Offline Australian Politics Posts: 144886 Gender:	Re: Greed is good Reply #1 - Jul 11^th, 2014 at 9:18pm Whatever floats your little boat.
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LifeOrDeath Gold Member Offline Australian Politics Posts: 1548	Re: Greed is good Reply #2 - Jul 11^th, 2014 at 9:47pm Sprintcyclist wrote on Jul 11^th, 2014 at 8:18pm: Greed is the incentive. If you channel it right it will get you where ever you want to go.
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Setanta Gold Member Offline \/ Peace man! Posts: 17011 Northern NSW Gender:	Re: Greed is good Reply #3 - Jul 11^th, 2014 at 10:18pm Sounds like an interesting child rearing paradigm. Pig out kids, don't share your lollies with your sister, grab more toys, think of yourself. Just the values my parents taught me.
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BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: Greed is good Reply #4 - Jul 13^th, 2014 at 4:48pm Sprintcyclist wrote on Jul 11^th, 2014 at 8:18pm: Greed is the incentive. No it's not: survival is the incentive and greed is the strategy for domination!
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Re: Greed is good
Reply #5 - Jul 13^th, 2014 at 11:34pm

BatteriesNotIncluded wrote on Jul 13^th, 2014 at 4:48pm:

Sprintcyclist wrote on Jul 11^th, 2014 at 8:18pm:

Greed is the incentive.

No it's not: survival is the incentive and greed is the strategy for domination!

Fairly well put but it made me smile member The Stunt-free Horse because it's a little one sided.

Greed isn't always used for domination but that part of excessive greed has certainly proven to be a problem here on Earth. Greed could be considered not giving to charity so one can save up for that new boat.

love

David Jeffrey Spetch
Ps. Be good, be strong!

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Fighting for the well being of the future of the life on this planet.

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Re: Greed is good
Reply #6 - Jul 13^th, 2014 at 11:43pm

Sprintcyclist wrote on Jul 11^th, 2014 at 8:18pm:

Greed is the incentive.

Sprintcyclist to your opening statement I'll share this. Is the survival of life considered as greed to you?

I fight for the well being of the future of the life on this planet. I gave up on my own selfishness to put the world first years ago. My incentive is the well being of the future of the life on the planet. How is that greedy? It most certainly is incentive enough for me and I have gained nothing monetarily out of it.

Greed isn't the only incentive.

love

David Jeffrey Spetch
Ps. Be good, be strong!

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BatteriesNotIncluded

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people died for this!

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Re: Greed is good
Reply #7 - Jul 14^th, 2014 at 3:48am

See Profile For Update wrote on Jul 13^th, 2014 at 11:34pm:

BatteriesNotIncluded wrote on Jul 13^th, 2014 at 4:48pm:

Sprintcyclist wrote on Jul 11^th, 2014 at 8:18pm:

Greed is the incentive.

No it's not: survival is the incentive and greed is the strategy for domination!

Fairly well put but it made me smile member The Stunt-free Horse because it's a little one sided.

Greed isn't always used for domination but that part of excessive greed has certainly proven to be a problem here on Earth. Greed could be considered not giving to charity so one can save up for that new boat.

love

David Jeffrey Spetch
Ps. Be good, be strong!

Semantics: greed means different things to different people I suppose!

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*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

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Kat Gold Member Offline Socialism IS the answer. Posts: 17709 Everywhere and no-where Gender:	Re: Greed is good Reply #8 - Jul 16^th, 2014 at 10:33pm The rampant, untrammelled greed that corporatisation and globalisation have unleashed on the world since the 1980s should be a capital crime.
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Pantheon

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Re: Greed is good
Reply #9 - Jul 23^rd, 2014 at 1:26am

Let’s take an inventor, Thomas, who has come up with an idea for a new type of light bulb – one that is more efficient, longer-lasting and brighter than the rest. He has done so to serve his own self-interest, in the hope of making himself rich, and perhaps famous. The by-product will be to benefit society as a whole, by creating jobs for those who will make the bulbs and enhancing the lives (and living rooms) of those who buy them. If there had been no demand for the light bulb, no one would have paid Thomas for it, and the invisible hand would have, in effect, slapped him down for making such a mistake.

Similarly, once Thomas is in business, others may see him making money and attempt to outdo him by devising similar light bulbs that are brighter and better. They too start getting rich. However, the invisible hand never sleeps. Thomas starts undercutting his competitors so as to ensure he keeps selling the most. Delighted customers benefit from even cheaper light bulbs.

Similarly, once Thomas is in business, others may see him making money and attempt to outdo him by devising similar light bulbs that are brighter and better. They too start getting rich. However, the invisible hand never sleeps. Thomas starts undercutting his competitors so as to ensure he keeps selling the most. Delighted customers benefit from even cheaper light bulbs.

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[b][center]Socialism had been tried on every continent on earth. In light of its results, it's time to question the motives of its advocates.

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BatteriesNotIncluded

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Re: Greed is good
Reply #10 - Jul 23^rd, 2014 at 2:40am

Pantheon wrote on Jul 23^rd, 2014 at 1:26am:

Let’s take an inventor, Thomas, who has come up with an idea for a new type of light bulb – one that is more efficient, longer-lasting and brighter than the rest. He has done so to serve his own self-interest, in the hope of making himself rich, and perhaps famous. The by-product will be to benefit society as a whole, by creating jobs for those who will make the bulbs and enhancing the lives (and living rooms) of those who buy them. If there had been no demand for the light bulb, no one would have paid Thomas for it, and the invisible hand would have, in effect, slapped him down for making such a mistake.

Similarly, once Thomas is in business, others may see him making money and attempt to outdo him by devising similar light bulbs that are brighter and better. They too start getting rich. However, the invisible hand never sleeps. Thomas starts undercutting his competitors so as to ensure he keeps selling the most. Delighted customers benefit from even cheaper light bulbs.

Similarly, once Thomas is in business, others may see him making money and attempt to outdo him by devising similar light bulbs that are brighter and better. They too start getting rich. However, the invisible hand never sleeps. Thomas starts undercutting his competitors so as to ensure he keeps selling the most. Delighted customers benefit from even cheaper light bulbs.

...and?

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*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

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Pantheon

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Re: Greed is good
Reply #11 - Jul 23^rd, 2014 at 3:42am

BatteriesNotIncluded wrote on Jul 23^rd, 2014 at 2:40am:

Pantheon wrote on Jul 23^rd, 2014 at 1:26am:

Let’s take an inventor, Thomas, who has come up with an idea for a new type of light bulb – one that is more efficient, longer-lasting and brighter than the rest. He has done so to serve his own self-interest, in the hope of making himself rich, and perhaps famous. The by-product will be to benefit society as a whole, by creating jobs for those who will make the bulbs and enhancing the lives (and living rooms) of those who buy them. If there had been no demand for the light bulb, no one would have paid Thomas for it, and the invisible hand would have, in effect, slapped him down for making such a mistake.

Similarly, once Thomas is in business, others may see him making money and attempt to outdo him by devising similar light bulbs that are brighter and better. They too start getting rich. However, the invisible hand never sleeps. Thomas starts undercutting his competitors so as to ensure he keeps selling the most. Delighted customers benefit from even cheaper light bulbs.

Similarly, once Thomas is in business, others may see him making money and attempt to outdo him by devising similar light bulbs that are brighter and better. They too start getting rich. However, the invisible hand never sleeps. Thomas starts undercutting his competitors so as to ensure he keeps selling the most. Delighted customers benefit from even cheaper light bulbs.

...and?

Green in a structured yet free system (market capitalist) often benefits the many not the few.. this is why in the west we enjoy so much more than those living under socialist rule.

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[b][center]Socialism had been tried on every continent on earth. In light of its results, it's time to question the motives of its advocates.

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See Profile For Update Gold Member Offline Australian Politics Posts: 622 Hamilton Ontario Canada Gender:	Re: Greed is good Reply #12 - Jul 23^rd, 2014 at 4:24am BatteriesNotIncluded wrote on Jul 23^rd, 2014 at 2:40am: ..and? That made me laugh. Also not bad insight there Ahovking . love David Jeffrey Spetch ps. Be good, be strong!
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BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: Greed is good Reply #13 - Jul 23^rd, 2014 at 11:09am See Profile For Update wrote on Jul 23^rd, 2014 at 4:24am: BatteriesNotIncluded wrote on Jul 23^rd, 2014 at 2:40am: ..and? That made me laugh. Also not bad insight there Ahovking . love David Jeffrey Spetch ps. Be good, be strong! It's all good then
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Amadd

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Re: Greed is good
Reply #14 - Jul 23^rd, 2014 at 11:38am

Pantheon wrote on Jul 23^rd, 2014 at 1:26am:

Let’s take an inventor, Thomas, who has come up with an idea for a new type of light bulb – one that is more efficient, longer-lasting and brighter than the rest. He has done so to serve his own self-interest, in the hope of making himself rich, and perhaps famous. The by-product will be to benefit society as a whole, by creating jobs for those who will make the bulbs and enhancing the lives (and living rooms) of those who buy them. If there had been no demand for the light bulb, no one would have paid Thomas for it, and the invisible hand would have, in effect, slapped him down for making such a mistake.

Similarly, once Thomas is in business, others may see him making money and attempt to outdo him by devising similar light bulbs that are brighter and better. They too start getting rich. However, the invisible hand never sleeps. Thomas starts undercutting his competitors so as to ensure he keeps selling the most. Delighted customers benefit from even cheaper light bulbs.

Similarly, once Thomas is in business, others may see him making money and attempt to outdo him by devising similar light bulbs that are brighter and better. They too start getting rich. However, the invisible hand never sleeps. Thomas starts undercutting his competitors so as to ensure he keeps selling the most. Delighted customers benefit from even cheaper light bulbs.

IMO, it would be unlikely that Thomas would have what it takes to come up with such an invention with greed as the motivation.
More likely that a large company would try to buy and suppress his idea or take the majority of profits for themselves. That's why we need such entities as the ACCC...to keep a handle on the greedy at heart.

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